Webster Bank has hired Timothy Throckmorton as senior vice president and Director of Fiduciary Services. Throckmorton will be responsible for overseeing and helping to grow the personal trust and estate administration business. He will also play an important role in the design and implementation of enhancements to the Private Bank’s investment management and fiduciary administration platform. Throckmorton will be based in Hartford, Conn.
Most recently, Throckmorton served as chief philanthropic officer for Wells Fargo Private Bank in Doylestown, Penn. Prior to that, he was a philanthropic market executive at Bank of America Merrill Lynch and chief trust officer at Merrill Lynch Trust Company in Pennington, N.J. He also served as vice president at U.S. Trust in Stamford, Conn., and was a trust and estates partner at Davidson, Dawson, and Clark, LLP and Hawthorne, Ackerly, and Dorrance, LLC both in New Canaan, Conn.
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"Tim brings two decades of experience as a senior fiduciary banker and lawyer to our already strong and growing Private Bank team," said Dan FitzPatrick, EVP and head of Webster Private Bank. "Tim’s exceptional leadership and technical skills will play a critical role in our plans to enhance our fiduciary capabilities while maintaining our focus on developing and nurturing long-term, multi-generational relationships and helping our clients achieve their financial goals."
Throckmorton received his LLM in taxation from Quinnipiac Law School, his law degree from New York Law School, and his Bachelors in finance and marketing from the University of Denver. He is a frequent speaker and presenter on charitable topics and in seminars and has a long history of being actively involved on local boards – from the performing arts to community foundations to environmental organizations.
By the end of 2013, Webster will have more than 50 private bankers serving seven regional offices from Boston, Mass., to Westchester County, N.Y. This builds upon Webster’s almost 80 years of commitment, trust and strong reputation for delivering an exceptional customer experience. Webster Private Bank provides premium banking, lending, investment management, planning and fiduciary services customized for individuals, business owners, and institutions with at least $1 million or greater in investable assets.
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